Hamburg (Germany): The European Liquid COx prices continued to follow an increasing momentum amidst the stable demand outlook from the carbonated drinks and other beverages sectors. Asian traders are once again active in the European Gas futures market, causing an imbalance in an already delicate European gas market. This raises concerns about Europe&#xx;s ability to replenish its reserves before the next heating season.
While reserves haven&#xx;t decreased as much as anticipated this winter, there&#xx;s a lack of new deals to secure refilling, as Asian traders are purchasing the current cheap contracts. Italy&#xx;s Saipem announced on Friday that it had entered a memorandum of understanding (MOU) to construct offshore infrastructure for the transportation and storage of carbon dioxide for a group of carbon capture projects in northern England.
The final prices of Liquid COx ranged between USD xxx-xxx per MT, FD Hamburg in Germany in...
